Increase Housing Supply and Prices Will Fall
You often don’t know you’re in a bubble until it has actually popped. This is what ASIC chairman, Greg Medcraft, was warning three years ago. Shortly...
Negative Gearing Reforms Can Save $1.7 billion
Reforming negative gearing can save the Australian Government more than $1.7 billion each year without hurting ‘mum and dad’ investors, AHURI research released today finds.
WA:How WA Blew the Mining Boom
For much of the 2000s Perth was awash with money and in party mode thanks to the mining boom.
New Home Construction Rebounds in Alberta
New home construction in Alberta continues to rebound, led by growth in single-family homes.
The Australian Economy: Juggling Sector Growth
The record long and strong new home building boom ended in 2016, and we are now a year into what we expect will be a three-year...
Warning over BIG Home Loans
The banking regulator is still concerned about the size of the mortgages being taken on by consumers despite the effectiveness of its efforts to curtail...
Australia Facing Shortage in Skilled Engineers
Engineers with 12D experience and those in areas such as civil, structural and other areas are in shortage throughout Australia as a large number of public...
NSW Holds onto Strongest Economy
The state government is committed to spending $73 billion in infrastructure across NSW over the next four years - more than what the nation is spending...
Households at Risk from Excessive Lending
The perception that they are 'too big to fail' has encouraged Australia's big four banks to take risks that would exacerbate a housing downturn.
Unemployment Rate Steady at 5.3% in August
Employment growth in August was twice as high as expected, keeping the nations' unemployment rate steady at 5.3 per cent for the second month in a...
Canadian Construction Starts Fall 9% in July
At a seasonally adjusted annual rate of $817.4 billion, new construction starts in July fell 9 percent from the elevated pace reported in June, according to...
Construction up 1.6% in Latest Quarter
Construction work done across Australia rose by 1.6 per cent in the June quarter.
BlueScope Eyes US Growth as Profit Doubles
BlueScope Steel has sharply lifted its payout and announced a $250 million share buyback after more than doubling full-year net profit.
BHP Sends Work Offshore, Angers Union
BHP has awarded a major steelwork contract for its new South Flank mine in the central Pilbara to a Chinese company, drawing the ire of the...
WA Primed for $2 Trillion Lithium Bonanza
Western Australia has a chance to get a huge slice of the fast-growing global lithium battery market if it sets up a processing sector, a lobby...
NZ Reserve Bank May Hold Rate Until 2020
The Reserve Bank of New Zealand says it might not move the official cash rate for more than two years as it adds to voices pointing...
RBA Upbeat But in no Hurry for Rate Hike
The "best course" of action for the Reserve Bank of Australia is for the cash rate to stay at record lows for the time being, RBA...
Canada Construction Workforce Faces Continued Pressures
Canada’s construction industry must remain focused on recruitment and retention as more than one quarter of a million construction workers are expected to retire this decade,...